Authorium Secures $8M Investment to Fuel Growth and AI Innovation

Published on April 20, 2025

Authorium, a cloud-based platform for government process automation, has raised an additional $8 million in funding to accelerate its expansion and AI-driven solutions.

The investment should support key initiatives, including hiring, product development, and a nationwide rollout of the company’s offerings. Authorium claims to have achieved significant growth, with government acquisitions processed on its platform doubling from $to$50 billion.

Alongside the funding, the company launched AuthorAI, an AI-powered tool that helps government teams generate Statements of Work (SOW) faster. The product trained on over 15 million procurement documents, claims to enable government agencies to generate Statements of Work in minutes, enhancing efficiency and compliance .

To strengthen its presence, Authorium has also opened a new office in Washington, DC, aimed at improving collaboration with government clients. The expansion follows recent advocacy efforts, including support for Maryland’s newly passed Procurement Reform Act.

Share this news: